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Want to save us? REPEAL THE BANKRUPTCY LAW

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Home » Discuss » Archives » General Discussion: Presidential (Through Nov 2009) Donate to DU
 
nebenaube Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-22-08 08:21 AM
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Want to save us? REPEAL THE BANKRUPTCY LAW
Roll it back and limit/cut credit card interest to 12%.
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Kittycat Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-22-08 08:28 AM
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1. It will be a cold day in hell before they let that happen.
The republicans & DLCers won't let that through, ever.
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regnaD kciN Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-22-08 08:53 AM
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2. If they cap CC interest at 12%...
...Citibank, JPMorganChase and BofA will be bankrupt themselves within a year. They need that high credit card interest as a cash cow.

Still, I'd love to see it happen.

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Kokonoe Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-22-08 08:58 AM
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3. But that would help poor people
We need to teach them a lesson for borrowing money. I am responsible(see all the money I make). It's all their fault they pay over 30% interest.:sarcasm:
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xchrom Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-22-08 09:16 AM
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4. recommend
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